CORONAVIRUS VOCABULARY FOR BUSINESS ENGLISH LEARNERS

Coronavirus Vocabulary for Business English Learners

Best Practices – Refers to a set of practices, actions, behaviors and guidelines that are employed by a company or business to achieve the highest efficacy and efficiency in a situation. So, in other words, what is the smartest and best way to handle specific issues. What actions need to be taken to achieve the best outcome in a situation?

Business Practices – refers to the things the company does to ensure that its business remains in compliance with applicable laws and regulations. Business practices often implicate questions of business ethics and how the business deals with situations that require an ethical response. This includes its guidelines for employees, venders and third-party collaborators that seek to ensure the company is seen as ethical, law-compliant and reputable.

CDC – Center for Disease Control is an American federal agency headquartered in Atlanta Georgia. It is the “leading national public health institute of the United States.”

Clients – the customers and collaborators of a business

Continuity Plan – This is a plan that a business devises to ensure that its business can “continue” to function in the face of force majeures and other unexpected occurrences.

Coworkers – These are your colleagues, the people you work with who are on the same level as you. It usually does not refer to your managers and supervisors and CEOs and things like that.

Flatten the curve – In the context of the coronavirus it meant reducing the number of new cases of Covid-19 infected persons. But this term could be used outside of the coronavirus.

Flex Time – This is a working arrangement where an employee has flexibility in the hours they work - Whether they start later and finish later; or start earlier; or work fewer hours; or work fewer days.

Full Time – A person who works full time usually works about 40 hours per week.

Furlough – This means to lay off an employee temporarily due to some kind of economic or other circumstance; to make them redundant for the moment sometimes without pay.

Gig Economy – This is a twenty-first century concept where many workers work independently doing “gigs” which are short term assignments. In the gig economy, workers are independent contractors. They have short term contracts. They are usually not permanent workers, but rather are self-employed.

Go out of Business – To close your business permanently sometimes due to circumstances outside of your control.

Isolation – The state of being alone and cut off from others. Many workers work in “isolation” even if there is no coronavirus outbreak.

Lay off – This means to make an employee redundant.

Make Redundant – This means to lay off a worker whose services are no longer essential to the company for one reason or another. Often it means you would pay the employee a severance - usually.

Microsoft Teams – "Microsoft Teams is a unified communication and collaboration platform that combines persistent workplace chat, video meetings, file storage (including collaboration on files), and application integration. The service integrates with the company's Office 365 subscription office productivity suite and features extensions that can integrate with non-Microsoft products. " Wikipedia.

Part Time – A work arrangement that is less than full time hours.

Sick Leave – A period that an employee is out sick often under doctor’s orders.

Telecommute – To work remotely away from the office

Troubleshooting – The act of analyzing and resolving issues and problems for a company. Often used to discuss technological, mechanical and electrical problem-solving.

Video Conferencing – To have a virtual meeting or conference using video technology

Work Remotely – to work at a location other than your where your employer is located, for example, to work from home; telecommute

Workers – People who work. Employees.

Worldwide - Global
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